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Leadership shakeup at CoreNet Global.

CoreNet Global announced significant organizational changes following the recent selection of Dr. Prentice Knight as chief executive officer, who outlined several steps to realign management of the world's leading professional association for corporate real estate and workplace executives.

A newly-formed executive team will lead the association day-to-day, including Peter Holland, who will join CoreNet Global as COO. Sherri S. Parman will take on new responsibilities as head of a new members and markets group.

The association will now operate through four integrated units, according to Knight: Learning Group; Members/Markets Group; Operations Group and; Executive Group.

"These changes mark a milestone toward our goal to focus more resources and attention on our members and our other customers and partners globally and to provide them even more value," stated Knight.

Holland has a long-running professional career in corporate real estate, plus his recent work for seven years as chief procurement officer and senior vice president overseeing a range of strategic support services for The Hartford Financial Services Group.

Knight announced the appointment of Parman as chief membership officer. Parman will leverage her former leadership roles as chief financial officer and interim chief operating officer to bring a deep understanding of CoreNet Global's operations to improving the customer experience.

Parman, whose career also includes senior-level client service roles with major corporate services firms including CB Richard Ellis and Jones Lang LaSalle, sees the reorganization as being consistent with current trends impacting global associations that serve professionals.

Another part of the restructuring is still in progress: the selection of a new chief learning officer to replace Knight who served in that position prior to his being named CEO at the CoreNet Global Summit in Philadelphia on April 25, 2006.
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Title Annotation:CoreNet Global, to reorganise its structure with various appointments
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Jun 21, 2006
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